Mexican Pipeline Closures Bring Short- and Long-Term Pain for Tesoro, ExxonMobil — Panjiva
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Mexican Pipeline Closures Bring Short- and Long-Term Pain for Tesoro, ExxonMobil

Corp - Ports 661 Energy - Conventional 272 Energy - Refined Oil 149 Mexico 505 Mode - Seaborne 1273 U.S. 3297

Mexico’s gasoline imports are in decline after the government closed supply pipelines across the country as response to ongoing theft from the pipeline system. The country’s energy supply chain had already been disrupted by port congestion at the end of 2018. That’s shown by a 1.2% year over year drop in Mexican refined oil imports in November following an average 10.6% growth in the prior 10 months of the year. Congestion has been particularly prevalent at the gulf coast port of Coatzacoalcas with Pemex having shifted deliveries to Tuxpan, which saw a 28.3% year over year in...

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